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the problem is 80% of their employment is outside the united states and that is the problem. our education levels are falling. people willing to work hard in the older generation unfortunately. a company like apple employees one out of five feet in the united states instead of a broad. that is the sad thing. it is much more than that in my view. is a factor of leadership and leadership creates certainty. the certainty will start -- [talking over each other] tracy: hopefully we get that out of this election. thank you for sharing this. dennis: breaking news. apple just invited the media to and event wednesday, sept. 12 in san francisco. could be the debut of a new iphone 54 new smaller ipad. amazon and google all introducing new gadgets to preempt that apple announcement next week. coming up we will show you how tiger woods became the first golfer to tea up over $100 million on the pga tour. tracy: gas prices leading democrats in charlotte. oil analyst john kingston and have on whether prices are headed lower and by how much. as we do every day at this time let's look at how o
the problem is 80% of their employment is outside the united states and that is the problem. our education levels are falling. people willing to work hard in the older generation unfortunately. a company like apple employees one out of five feet in the united states instead of a broad. that is the sad thing. it is much more than that in my view. is a factor of leadership and leadership creates certainty. the certainty will start -- [talking over each other] tracy: hopefully we get that out of...
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Sep 17, 2012
09/12
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that is one of the biggest job creators right now in the united states. we need to more than double that. each house that is being built right now is creating three new jobs. the jobs mandate was definitely good. they are trying to renew the animal spirits out there. a lot of our clients tend to be looking at their portfolio for incomes. you have to look at the risk spectrum that is yielding much more than that. that is creating this wealth affect for investors. they feel a little bit better about themselves. housing starting to creep up and right now they are starting to feel pretty good. the confidence is there. dennis: is bernanke overstepping here? existing home inventory eight year low. maybe housing is arty on its way back. >> i agree. i think it is on the way back. it is one of the areas where he does see some improvement. the latest move, give that some or tailwind. he is trying to create jobs anyway he can. dennis: still waiting to see if materials, energy and small caps will catch up. do you think that will happen we mac yes. i do, actually. the
that is one of the biggest job creators right now in the united states. we need to more than double that. each house that is being built right now is creating three new jobs. the jobs mandate was definitely good. they are trying to renew the animal spirits out there. a lot of our clients tend to be looking at their portfolio for incomes. you have to look at the risk spectrum that is yielding much more than that. that is creating this wealth affect for investors. they feel a little bit better...
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Sep 13, 2012
09/12
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these are organized networks that want to channel anger in egypt against the united states. the government of egypt has a duty to protect our interests in the region. melissa: you say america has to disband band the network. is that even possible? how do we do that? >> there are multiple stages. stage number one the president of the united states and executive in power should call the president of egypt and ask mr. morsi to basically do his duty and protect our embassies and dismantle network f he doesn't, we're offering $1.8 billion in egypt. we'll begin reducing. and then we will fund the opposition. we have tools we can use. same thing for libya and yemen in different ways and means. lori: this is troubling walid. last week we were following events in israel. we know iran is so close to a nuclear bomb. how unstable the region? a lot of people call that attack in libya that killed the ambassador an act of war. not to be alarmist but how close are we? >> we are absolutely right. this is an act of terror. we have to explain it to the american people as it is. it is not yet a
these are organized networks that want to channel anger in egypt against the united states. the government of egypt has a duty to protect our interests in the region. melissa: you say america has to disband band the network. is that even possible? how do we do that? >> there are multiple stages. stage number one the president of the united states and executive in power should call the president of egypt and ask mr. morsi to basically do his duty and protect our embassies and dismantle...
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Sep 18, 2012
09/12
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are we seeing a united states rebound in the luxury market? >> we have seen some rebound since the global financial crisis. more international customers coming from china as well and we are long-term holders of hotel assets. if we invest in the long term and we see the business coming back. cheryl: you said many brands -- many other brands are shortsighted. our culture, we think long-term. we think 20 years, 25 years. don't sweat the small up cycle or downcycle. >> one thing that fewer companies are doing in a hotel space is being an owner and operator of hotel assets and in many cases the owner is different from the hotel management operator. as the owner what we do is invest for the long term so flagship property, we have just put a substantial investment to further upgrade the rooms and create what we believe to be a new generation of hotel rooms with very good technology, great design and continue to invest like that to keep the quality of our assets of. cheryl: use a lot of money in the economic downturn especially that particular propert
are we seeing a united states rebound in the luxury market? >> we have seen some rebound since the global financial crisis. more international customers coming from china as well and we are long-term holders of hotel assets. if we invest in the long term and we see the business coming back. cheryl: you said many brands -- many other brands are shortsighted. our culture, we think long-term. we think 20 years, 25 years. don't sweat the small up cycle or downcycle. >> one thing that...
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Sep 28, 2012
09/12
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>> not in the united states although events in the region are moving very rapidly. [talking over each other] >> i don't think it will happen before the election. the president has his game plan. he indicated in this famous comment about bumps in the road losing americans killed in libya and the riots sweeping of the region he is not going to pay attention. he wants to get past november 6th. cheryl: is susan rice going to make it past november? more talk about her being the next secretary of state. because of what has been supported by the administration did know that was a terrorist attack. >> she needs to explain that. my theory is she was told by the white house congratulations you have drawn the short straw and you are going on a sunday talk shows. otherwise i can't explain why hillary clinton was and they guessed that sunday. she is secretary of state and has the responsibility and yet she was completely invisible. cheryl: a big question here. if it wasn't susan rice as secretary of state who would be? >> i am not sure there are any good candidate in obama's adm
>> not in the united states although events in the region are moving very rapidly. [talking over each other] >> i don't think it will happen before the election. the president has his game plan. he indicated in this famous comment about bumps in the road losing americans killed in libya and the riots sweeping of the region he is not going to pay attention. he wants to get past november 6th. cheryl: is susan rice going to make it past november? more talk about her being the next...
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Sep 19, 2012
09/12
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and so you know the united states has china dead to rights on this. ashley: gordon, this has been going on for years as has manipulation about the china because yuan and we fret over it and nothing changes. will it take a trade war to get something done if it is effective and is that really what we we need at this time? >> you never need a trade war but the united states is perfectly suited to wage one. we always worry about it. we're the current account deficit country. last year's china's merchandise trade surplus against the u.s. was 190.5 of its overall surplus. that is an incredible number. china is so beholden to the american market. so there never will be a trade war because the chinese can't afford to wage it. tracy: yet, it seems that gets missed in the headlines all the time. the notion that china needs us more than we need them. why is that? what is it that they're doing that somewhat frightens most companies here in the united states? >> well you know, they have an export dependent economy and, clearly it got problems in europe because eur
and so you know the united states has china dead to rights on this. ashley: gordon, this has been going on for years as has manipulation about the china because yuan and we fret over it and nothing changes. will it take a trade war to get something done if it is effective and is that really what we we need at this time? >> you never need a trade war but the united states is perfectly suited to wage one. we always worry about it. we're the current account deficit country. last year's...
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Sep 18, 2012
09/12
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freer on that the united states, one of the great success stories. it led to higher growth and if it keeps that up, within 10 to 15 years it will be a developed country. tracy: good for them. not so great for us. ian vasquez, thanks for bringing all this to us. >> thank you. ashley: interesting stuff. certainly heading in the wrong direction from third to 10th to 18? tracy: sanctity of the contract and the fact that it no longer holds i think that is really disheartening. ashley: that is pretty sad, sad statement. coming up, outrage over a new report showing 25% of all social security disability benefits are flawed. wills will tell us how it is costing you the taxpayer millions of dollars next. tracy: first look at some of today's winners with and losers on the s&p 500 as head out to break. tenet health care up on top [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be diffic
freer on that the united states, one of the great success stories. it led to higher growth and if it keeps that up, within 10 to 15 years it will be a developed country. tracy: good for them. not so great for us. ian vasquez, thanks for bringing all this to us. >> thank you. ashley: interesting stuff. certainly heading in the wrong direction from third to 10th to 18? tracy: sanctity of the contract and the fact that it no longer holds i think that is really disheartening. ashley: that is...
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Sep 11, 2012
09/12
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dagen: what do you make of the comments out of netanyahu about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit something, yes, they can do some damage, but only with the united states, only with our b-1 bombers and cruise missiles can you do significant long-term damage to the nuclear facilities in iran. so the question is, yes, the israelis could go alone, but it is always far more optimal to get on board with the united states. so i think this issue is going to remain a live issue into 2013, because i don't see how we have an off ramp. dagen: right. helima terrific to see you. we covered so much in little time. next time more time i promise. >> thanks. connell: new book that's come out from bob woodward. we w
dagen: what do you make of the comments out of netanyahu about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit...
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Sep 24, 2012
09/12
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people in developed countries like the united states are already past the 50% penetration market. you got the smart phone. the incremental advantage of a new one, you know, is much less than the advantage for the future phone to a smart phone. >> people always trade up. you don't have total saturation. if you have one, you expect to get the new model, you drop it, you break it, it's note like you're not going to get another one. the expectations, the growth is exploding. 50 million iphones sold in the december quarter; right? that's the base bar. you know, that's the expectation. apple needs to beat that hurdle to keep forward momentum. when you only sold 150 million total units in the june quarter alone, worldwide among all the vendors, a third of the marketplace, is it poll? of course it is, but can they make them fast enough? that's the issue. >> is there backlash setting in for apple? i was watching tv in the samsung galaxy commercial makes fun of the people waiting in line for the iphone5. everywhere you go, you see the galaxy posters, point your phone up, and you get five fr
people in developed countries like the united states are already past the 50% penetration market. you got the smart phone. the incremental advantage of a new one, you know, is much less than the advantage for the future phone to a smart phone. >> people always trade up. you don't have total saturation. if you have one, you expect to get the new model, you drop it, you break it, it's note like you're not going to get another one. the expectations, the growth is exploding. 50 million...
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Sep 27, 2012
09/12
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the united states economy is barely, barely moving. now i think voters want to know what's going on. dagen: what's going on with mitt romney, he can't seem to put together a cohesive discussion about the state of the economy that is resonating with voters. you mentioned in the column that he was talking about trade cheaters and energy independence, which seem wholly removed from what is really happening right here right now on the ground for the american people. >> well, the ads that target china as a trade cheater are aimed at voters in northern ohio and around the great lakes where the auto workers are, but obama has been running his own ads hitting china, so i think they kind of neutralize one another. we had a report this morning that durable goods orders have dropped the most since january 09. orders for motor vehicles and motor vehicle parts dropped 11% in august. whatever obama did to bail out the auto industry, those people working in the industries in the northern ohio are the ones affected by a figure like that. and i don't q
the united states economy is barely, barely moving. now i think voters want to know what's going on. dagen: what's going on with mitt romney, he can't seem to put together a cohesive discussion about the state of the economy that is resonating with voters. you mentioned in the column that he was talking about trade cheaters and energy independence, which seem wholly removed from what is really happening right here right now on the ground for the american people. >> well, the ads that...
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Sep 17, 2012
09/12
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ashley: you have the united states of europe? >> draghi said it himself, when he announced he would do everything in his power to support the single currency zone he also said later in the speech we need more europe, not less europe. so i think the two will have to go hand in hand. it will have to be political cooperation over questions like austerity. ashley: political cooperation in the eurozone. yeah. >> political cooperation anywhere these days. ashley: that is true. quickly, greece stays in or drops out? tough one, isn't it? >> greece, we would like to see them stay in because it holds everything together and it is a lot cheaper to keep greece in than to address other contagion risk if the ball starts to roll downhill. ashley: very diplomatic answer. bob kaiser, thanks for joining us. appreciate it. tracy: occupy wall street making its first anniversary mark today with a number of protest around the world but once again the focus is here in new york city. this morning protesters attempted to block people going to work at new
ashley: you have the united states of europe? >> draghi said it himself, when he announced he would do everything in his power to support the single currency zone he also said later in the speech we need more europe, not less europe. so i think the two will have to go hand in hand. it will have to be political cooperation over questions like austerity. ashley: political cooperation in the eurozone. yeah. >> political cooperation anywhere these days. ashley: that is true. quickly,...
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states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what was spent. health care was important but that should have been the second priority. first priority should have been no different than when roosevelt took office. the economy, stupid. you have to put people back to work and he has not done a good enough job and he has to get the best and brightest together and come up for the real dialogue. this is what i'm going to do. not just sweeping generalities or romney and ryan are retrograde to what failed in the first place. team needs a positive agenda for america. connell: let me as
states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what...
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Sep 11, 2012
09/12
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they are not confident the united states will avoid the fiscal cliff. peter has more on this in washington. >> the package of tax breaks would not avoid the fiscal cliff, but the usual grab bag of so-called tax extensions that congress approves pretty much every year, big ones like patching the al ten -- alalternative minimum tax, but thanks to big time lobbyists and lawmakers from both parties who want to help companies back home, there are plenty of special interest tax breaks in the package, $78 million, for example, for auto racetrack owners for faster writeoffs of investments, and $248 million for movie and tv studios to keep production in the u.s. when other countries over deals, and deals for electric powered motorcycles to encourage energy goals. they justify all of them, of course, and it's hard to get rid of them. >> only right before an election, last thing members of congress want to do is talk about eliminating tax breaks that others claim help create jobs. >> get this, supporters claim they did get rid of some breaks, 21 provisions includi
they are not confident the united states will avoid the fiscal cliff. peter has more on this in washington. >> the package of tax breaks would not avoid the fiscal cliff, but the usual grab bag of so-called tax extensions that congress approves pretty much every year, big ones like patching the al ten -- alalternative minimum tax, but thanks to big time lobbyists and lawmakers from both parties who want to help companies back home, there are plenty of special interest tax breaks in the...
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Sep 26, 2012
09/12
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we have our challenges like the rest of the united states but having a sense of urgency and making it happen now is what is in our culture and makes this a city of success. melissa: you know what makes business take because you were the ceo of pizza hut and you are running the city well. the second city in texas we have highlighted in the past week that is adding jobs and doing something right. all about texas. good news. stocks go down. bad news stocks go up. charles payne tries to make sense of all of it for us but take a look at the metals and how metals are driving trading. gold down 1% but copper is the biggest loser on a percentage basis. we will be right back. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more invest
we have our challenges like the rest of the united states but having a sense of urgency and making it happen now is what is in our culture and makes this a city of success. melissa: you know what makes business take because you were the ceo of pizza hut and you are running the city well. the second city in texas we have highlighted in the past week that is adding jobs and doing something right. all about texas. good news. stocks go down. bad news stocks go up. charles payne tries to make sense...
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states. we have been adding new jobs but not fast enough. we have a good healthy diverse economy that will see us through over the long run. >> all the ancillary towns as well especially with hotels and things like that. >> absolutely from a direct economic impact but the bigger picture, charlotte has never played on this largest age before. we have been about building charlotte over the last half century or so. this is our debut. the largest such event we ever hosted and the eyes of the world are upon us. most of your viewers and visitors have never been to charlotte before. we have a very positive city to show to our visitors and to the world and there are a lot of people we have talked to on your staff talking about how we can figure out how to move to charlotte. it is a positive product in the business of selling charlotte. tracy: thank you very much. >> thank you as welcome back. tracy: bank of america's headquarters. ashley: big banking community. the nasdaq and s&p turning positive in
states. we have been adding new jobs but not fast enough. we have a good healthy diverse economy that will see us through over the long run. >> all the ancillary towns as well especially with hotels and things like that. >> absolutely from a direct economic impact but the bigger picture, charlotte has never played on this largest age before. we have been about building charlotte over the last half century or so. this is our debut. the largest such event we ever hosted and the eyes...